In an interview with TheStreet, the partner at Chicago-based William Blair & Co. said that the motion picture technology company's stock was primed to move higher. Balkin said this was partly because "the movie slate over the next two to three years is as good as we've ever seen it."
But Balkin also said he was enthusiastic by promising initiatives abroad and new technological innovations. Over the past year, the stock of Ontario, Canada-based Imax has risen more than 50%.
During the discussion, Balkin also touted theme-park chain Six Flags (SIX) and media and cloud-services provider J2 Global (JCOM)
Balkin co-manages the William Blair Small Cap Growth Fund, which is part of his firm's menu of products for investors, including funds focused on mid- and large-cap companies. William Blair funds have SIX, IMAX and JCOM holdings.
Saying that Imax was "going gangbusters in Japan and Korea, Balkin added, "That's where there's a lot of opportunity."
He highlighted an Imax laser-projection technology that will enable the company to adapt its digital platform to "the big, wow theaters" for which the company is best known. "We think this is a great stock to over the long run," he said.
Over the past year, the stock price of Grand Prairie, Texas-based Six Flags has increased about 15%.